COLA Applied: Members Receive the Maximum Allowable Increase
In February, bti体育鈥檚 Board of Retirement approved the maximum allowable cost-of-living adjustment (COLA) for all plans for 2025. The 2025 COLA awards have been applied starting with the April retirement allowance payments. Since this year鈥檚 amount exceeds the maximum allowed for all plans, the excess percentage will be added to the COLA Accumulation (+0.4 percent for Plan A; +1.4 percent for all other plans).
Please visit the Cost of Living page on lacera.com for more information. Select your plan from the Current COLA box to be linked to your plan鈥檚 COLA information page, which includes the 2025 COLA adjustments.
If you receive your automatic deposit receipt (ADR) in the mail, here is an electronic version of the insert announcement that will be included with your April ADR.